Obviously the notion of propping-up mortgages for people who cannot afford them under normal circumstances is a demonstrated failure. The entire enterprise is set-up for failure. There is no point complaining about "predatory lending practices" because this is a back-handed admission of the premise that lenders seek out people who cannot afford the loans. Abolish Fannie and Freddie and the Raines and Johnsons of the world won't get their $30 million bonus packages...for writing loans that the borrowers cannot repay. Don't give the crooks the tool to waste our money through gov't mandate. Of course that means the people who can't afford homes--well--won't get homes. Homes values won't be artificially driven-up, CEO' s won't be rewarded by seeking bad debt and the taxpayers can keep their money for things they need, like their own damned mortgages.